NOBLE INVINCIBLE NORGE A/S

CVR number: 35230335
Lyngby Hovedgade 85, 2800 Kgs. Lyngby

Credit rating

Company information

Official name
NOBLE INVINCIBLE NORGE A/S
Established
2013
Company form
Limited company
Industry
  • Expand more icon09Mining support service activities

About the company

NOBLE INVINCIBLE NORGE A/S (CVR number: 35230335) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 13 mUSD in 2023, demonstrating a decline of -88.5 % compared to the previous year. The operating profit percentage was poor at -0.7 % (EBIT: -0.1 mUSD), while net earnings were -136 kUSD. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOBLE INVINCIBLE NORGE A/S's liquidity measured by quick ratio was 61.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
20192020202120222023
Volume
Net sales163 051.00160 684.00176 758.00113 133.0013 038.00
Gross profit10 737.0010 236.0011 379.002 149.00-89.00
EBIT10 737.0010 236.0011 379.002 149.00-89.00
Net earnings8 661.0013 541.008 331.00256.00- 136.00
Shareholders equity total15 528.0026 069.0027 429.0015 685.0015 549.00
Balance sheet total (assets)56 699.0056 391.0058 165.0041 389.0015 806.00
Net debt21 565.0018 371.0020 308.0020 026.00-17.00
Profitability
EBIT-%6.6 %6.4 %6.4 %1.9 %-0.7 %
ROA19.8 %21.4 %19.9 %4.9 %3.7 %
ROE68.2 %65.1 %31.1 %1.2 %-0.9 %
ROI32.2 %28.9 %24.5 %5.9 %4.2 %
Economic value added (EVA)7 957.3410 779.827 636.66147.48- 851.36
Solvency
Equity ratio27.4 %46.2 %47.2 %37.9 %98.4 %
Gearing138.9 %70.5 %74.0 %127.7 %0.0 %
Relative net indebtedness %24.4 %18.4 %17.3 %22.7 %1.8 %
Liquidity
Quick ratio1.41.91.91.661.5
Current ratio1.41.91.91.661.5
Cash and cash equivalents19.00
Capital use efficiency
Trade debtors turnover (days)71.661.437.565.8
Net working capital %10.3 %16.7 %15.6 %13.9 %119.3 %
Credit risk
Credit ratingBBBBBBBBC

Variable visualization

ROA:3.75%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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